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Sirios Resources intersects 10.3 g/t Au over 12.1 m and 19.5 g/t Au over 7.5 m outside of the resources estimate at Cheechoo, Quebec, Canada
MONTREAL, Aug. 17, 2020 (GLOBE NEWSWIRE) -- Management of SIRIOS RESOURCES INC. (TSX-V: SOI) is pleased to announce the remaining assays results of the drilling
About this update from Sirios Resources, Inc.
[{"type":"text","content":" MONTREAL, Aug. 17, 2020 (GLOBE NEWSWIRE) -- Management of SIRIOS RESOURCES INC. (TSX-V: SOI) is pleased to announce the remaining assays results of the drilling campaign completed in March on the Cheechoo gold property at Eeyou Istchee James Bay, Quebec. Among the significant new results, multiple zones were intersected outside of the limits of the conceptual pit used to define the resources estimate: CH20-258 : 3.0 g/t Au over 46.9 m, including 158.1 g/t Au over 0.8 m (outside of the pit) CH20-265 : 10.3 g/t Au over 12.1 m, including 78.9 g/t Au over 1.5 m (outside of the pit) CH20-266 : 1.8 g/t Au over 116.0 m, including 19.5 g/t Au over 7.5 m, with 147.9 g/t Au over 0.8 m (straddles the pit limit) CH20-266 0.8 g/t Au over 55.8 m (additional mineralisation inside the pit) CH20-267 : 1.1 g/t Au over 24.5 m (additional mineralisation inside the pit) The objectives of this drilling campaign were to; discover additional gold ounces outside of the conceptual pit, expand the number of ounces within the limit of the pit, as well as boost the confidence level in the estimation within a specific area of the deposit. Twenty-two drill holes, totaling 5,237 metres, were completed during this campaign. The assay results of the first six drill holes (CH20-246, 248, 249, 251, 253 and 254) were presented in the press release dated May 12, 2020. Three of these drill holes (#248, 249 and 254) finished in gold mineralization, that continues at depth. Dominique Doucet, founder and President of Sirios, states: “The fieldwork on the Cheechoo project continues to yield positive results. The recent drilling campaign confirms our gold mineralization model and will probably allow us to increase the size of the resource for the next update. In the upcoming months, we plan to pursue the development of the project on multiple fronts; including the metallurgical tests, verifying the potential of new ore treatment procedures, as well as the undertaking of a definition drilling campaign to convert inferred resources into indicated resources. Note that during the evaluation of the NI 43-101 resources estimate, it was stated that approximately only an ad...